After a long debate, the National Assembly decided that Kozloduy NPP- New Builds and Hyundai Engineering & Construction hold negotiations by April 15. Hyundai was shortlisted as a potential contractor for the engineering, construction and commissioning of Units 7 and 8 at Kozloduy NPP, using Westingouse’s AP 1000 technology.
After a re-vote, the decision was adopted with 112 votes in favour, 29 against and 82 abstentions. With 52 votes in favour, 161 against and 8 abstentions, the parliament rejected another draft decision submitted by "We Continue the Change-Democratic Bulgaria" to hold parallel negotiations with Hyundai and the American company Bechtel.
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..
In 11 district cities in Bulgaria, 1 square meter of residential space costs under EUR 1,000. In 13 district cities, the price ranges from EUR 1,000 to EUR 1,400. In Sofia and Varna, 1 square meter of residential space costs EUR 2,400, National Real..
Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott..
+359 2 9336 661